Planning for the time after a person has passed away may seem a bit morbid, but if an individual leaves behind children or a spouse, especially those being directly supported by the individual, it’s important to take these matters under careful consideration. These sorts of plans are something that an individual, couple or family should discuss with an attorney. So Regardless of whether you’re looking for estate planning, living wills, guardianship etc, you should speak with an attorney.
Addressing Guardianship Issues
Making financial provisions for the people that are left behind is important. However, there are other issues outside of finances that require being addressed. For example, who looks after the children is something that needs to be specifically stated in a will.
If a person is a single parent or in the event that both parents pass away at the same time, if there are children left behind, a will stating who will take care of the children is essential. Without this, many disputes and questions are left to be answered that can’t be answered pursuant to the decedents wishes if they aren’t stated in a will.
What is a Living Will
A living will essential, and it is much different than a standard last will and testament. This type of will, also known as a health care directive, gives specific instructions on how a person is to be medically treated if they are unable to make decisions for themselves.
Without a living will, family members and health professionals can only guess as to what the individual may want when it comes to medical treatment. Without it being stated specifically in a living well and without the individual being able to communicate their treatment wishes, many of these situations can escalate into legal battles.
While financial decisions are important to make if you’re planning your estate, things like end-of-life health care treatment, who looks after children that are left behind, who is left as the executor of a person’s estate are all things that need to be taken care of. A comprehensive estate plan will cover these and other areas to ensure that end-of-life personal affairs and financial issues are clearly documented and properly carried out.…